(Image source from: Thehansindia.com)

VSP Privatisation: Elon Musk to donate part of Fund:- Vishaka Steel Plant conducted bidding called Expression of Interest (EOI), which is the proposal to buy a steel plant and in return to produce a capital investment. Ex-JD Lakshminarayana, who wanted to contest from Vizag in next general election participated in the Vishakapatnam Steel Plant bidding that happened on Sunday and planned to invest Rs 5,000 Cr. Ex-JD said he is in favour of crowdfunding to save the plant. This was a surprising move from Lakshminarayana.

Besides this Ex JD has one more shock to the public. He joined hands with KA Paul in order save the VSP from privatisation. Both KA Paul and Lakshminarayana addressed the press over the privatisation of steel plant. KA Paul urged not to privatise the steel plant and if the centre wanted to sell it, he can buy it by offering five times the price of it. KA Paul is also ready to go for legal war against the central government to stop privatisation. Surprisingly Ex-JD Lakshminarayana was supporting him all the way in the press meet.

CBI former joint director on Wednesday stated that he gave a written letter in interest to buy VSP by paying double the quoted price. KA Paul promised that Tesla chief Elon Musk will be coming to India next month and will donate funds to protect VSP. On flipside, BJP has declared that VSP privitisation is not happening now. while YSRCP and BRS are in credit claim struggle, KA Paul is bringing Elon Musk to India to but Vizag Steel plant.

(Video Source: iDream News)